U.S. Secretary of Agriculture Sonny Perdue echoed President Donald J. Trump’s message that tax cuts and reforms are needed to increase American prosperity. The president delivered remarks with a “Bring Back Main Street” theme in St. Charles, Missouri, highlighting the need for tax relief to boost the economy, particularly in the heartland. Perdue issued the following statement: “The people of …
Cattlemen Watching Tax Reform Debate
Tax reform has been a major issue in Washington D.C. and an issue many in agriculture have been following very closely. A topic Colin Woodall, National Cattlemen’s Beef Association’s Senior Vice President of Government Affairs and I have had at the end of the year for many years, has been the death tax. Cattlemen Watching Tax Reform Debate Sponsored ContentFlorida …
Rural Population Growth Down Again From Previous Year
For the sixth consecutive year, overall U.S. rural population declined, although some regions reported population growth. Rod Bain has the story. Sponsored ContentFlorida Cattle Enhancement Board Funding Crucial For Forage DevelopmentMay 22, 2026Florida Cattle Enhancement Board Provides Funding to Enhance Brahman GeneticsMay 15, 2026Florida Cattle Enhancement Board Provides Production ResearchMay 8, 2026Florida Cattle Enhancement Board Provides Opportunities to …
Tax Reform, Crop Yields, Commodity Prices
There’s lots of talk about tax reform, crop yields, and commodity prices these days, but little about a 2018 farm bill. And it now appears formal writing of a new farm bill may have to wait ‘til next year. Earlier in the year, there was lots of talk about a new farm bill. That was August. Two months later, Democrat Debbie …
Farmers Getting Only 11 Cents of Every Food Dollar
The National Farmers Union and the American Farm Bureau Federation say that consumers are paying less and farmers are receiving less for this year’s Thanksgiving Day dinner. The NFU Farmer’s Share publication says farmers and ranchers get 11.4 cents of every dollar that consumers spend on their turkey day dinner. The Farm Bureau’s annual Thanksgiving Day Price Survey found that …
Peterson Likes Senate Tax Bill Better Than House Version
House Ag Committee ranking member Collin Peterson says the Senate tax bill is closer to something he can support than the House Bill. The Minnesota Democrat hopes changes will be made so he can support the conference report. Peterson tells the Hagstrom Report that he supports lowering corporate tax rates but not at the expense of raising taxes on individuals. …
Tax Bills ‘Marginally Beneficial to Industry’
The pork industry says the tax bills moving in Congress are “marginally beneficial to the industry,” which continues to pursue improvements as the measures continue to advance. The pork industry is generally pleased with the House-passed and Senate-Finance-passed tax bills, but National Pork Producers’ (NPPC) Dustin Baker says NPPC is seeking added changes. Baker says the three breaks are used …
Perdue Comments on House Passage of Tax Cuts and Reforms
U.S. Secretary of Agriculture Sonny Perdue hailed the House of Representatives’ passage of historic tax cuts and reforms as an important step toward providing much-needed relief to Americans, creating jobs, and boosting the economy. Perdue issued the following statement: “We haven’t had an overhaul of the burdensome federal tax code since the mid-1980s and it is well past time to …
Senate Tax Bill Expands Small Business Break, Ends ACA Individual
A revised Senate tax reform bill expands a key break for family farms and other small businesses, but also includes a key GOP goal to end the Obamacare individual mandate. The reworked Senate Finance GOP bill expands tax relief for small businesses that ‘pass through’ company income as individuals. But Republicans set off a firestorm of protest from Democrats by …
Agriculture Groups Band Together to Support Section 199
More than 180 agricultural groups are coming together to support the Section 199 tax deduction not included in the tax reform proposal. The groups, led by the National Council of Farmer Cooperatives, penned a letter to House Speaker Paul Ryan and Minority Leader Nancy Pelosi opposing the effective repeal of Section 199. By not including the deduction, the House tax …